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  • 1 September 2015
    Business & Finance

    China Merchants Holdings (International) Company Limited, the country’s largest port operator, reported HKD 2.78 billion (USD 359m) net profit for the period ended June 30, 2015, an increase of 29.4% over the same period last year, due to increased container throughput in China, and a double-digit rise in number of containers handled at the company’s overseas terminals. […]

  • 29 October 2015
    Business & Finance

    Hong Kong-listed dry bulk and container shipping company and terminal operator China Cosco Holdings Company Limited recorded CNY 1.7 billion (USD 267.5m) net loss in the third quarter of 2015, as compared to CNY 1.62bn profit reported in 3Q2014, driven largely by falling container freight rates and a weak dry bulk market. The company’s revenue fell 19% to CNY […]

  • 1 September 2015
    Business & Finance

    China Merchants Holdings (International) Company Limited, the country’s largest port operator, reported HKD 2.78 billion (USD 359m) net profit for the period ended June 30, 2015, an increase of 29.4% over the same period last year, due to increased container throughput in China, and a double-digit rise in number of containers handled at the company’s overseas terminals. […]

  • 22 October 2015
    Business & Finance

    Shipbuilding and dry bulk shipping company Cosco Corporation (Singapore) Limited expects to record net loss in the quarter ended September 30, 2015, as compared to a profit recorded in the corresponding period of the previous financial year. Cosco says that the loss is expected mainly due to the continuing depressed state of crude oil prices, which has had […]

  • 28 August 2015
    Business & Finance

    Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue from its terminals business for the first six months of 2015, mainly attributed to the depreciation of the Euro which led to a decrease in revenue from Piraeus Terminal in Greece. The performance of Piraeus Terminal in the first half of […]

  • 29 October 2015
    Business & Finance

    Hong Kong-listed dry bulk and container shipping company and terminal operator China Cosco Holdings Company Limited recorded CNY 1.7 billion (USD 267.5m) net loss in the third quarter of 2015, as compared to CNY 1.62bn profit reported in 3Q2014, driven largely by falling container freight rates and a weak dry bulk market. The company’s revenue fell 19% to CNY […]

  • 28 August 2015
    Business & Finance

    Hong Kong-based container terminal operator Cosco Pacific Limited, part of Cosco Group, saw a 5% dip in revenue from its terminals business for the first six months of 2015, mainly attributed to the depreciation of the Euro which led to a decrease in revenue from Piraeus Terminal in Greece. The performance of Piraeus Terminal in the first half of […]

  • 12 August 2015
    Business & Finance

    Greek owner and operator of dry bulk and container ships Euroseas Ltd. reported USD 3.3 million net loss attributable to shareholders for the quarter ended June 30, as compared to net loss of USD 5.4 million for the second quarter of 2014. The company reported total net revenues of USD 9.4 million, a 2.8% decrease over total net […]

  • 22 October 2015
    Business & Finance

    Shipbuilding and dry bulk shipping company Cosco Corporation (Singapore) Limited expects to record net loss in the quarter ended September 30, 2015, as compared to a profit recorded in the corresponding period of the previous financial year. Cosco says that the loss is expected mainly due to the continuing depressed state of crude oil prices, which has had […]

  • 24 June 2015
    Business & Finance

    Miami-based cruise company Carnival Corporation & plc has reported non-GAAP net income of USD 193 million for the second quarter of 2015, improving its quarterly earnings by more than double compared to non-GAAP net income for the second quarter of 2014 of USD 73 million. For the second quarter of 2015, US GAAP net income, which included unrealized […]

  • 12 August 2015
    Business & Finance

    Greek owner and operator of dry bulk and container ships Euroseas Ltd. reported USD 3.3 million net loss attributable to shareholders for the quarter ended June 30, as compared to net loss of USD 5.4 million for the second quarter of 2014. The company reported total net revenues of USD 9.4 million, a 2.8% decrease over total net […]

  • 13 November 2019
    Business & Finance

    The next UK government should go faster and harder on offshore and onshore wind in a bid to reach the net zero targets by 2050, according to SSE Chief Executive Alistair Phillips-Davies. In its interim results, SSE called on political leaders to put renewable power “front and center” of the plans to tackle climate change. […]

  • 21 March 2019
    Business & Finance

    Sif has reported that offshore wind accounted for approximately 83% of revenues and 69% of total contributions in the company’s 2018 financial year figures. Sif saw a 28% loss of revenue in 2018, amounting to EUR 235.1 million, and a 45% loss in contribution, amounting to EUR 74.3 million. The gap in the production schedule and […]

  • 31 July 2015

    Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine engineering and dry bulk shipping, reported USD 4.8 million net loss in the second quarter of 2015, due to a slide in shipyard and shipping revenues. Turnover from shipyard operations decreased 25.6% to USD 843.4 million in Q2 2015 from USD 1.1 billion in Q2 2014 […]

  • 13 August 2015
    Business & Finance

    The Shipping Corporation of India (SCI) has more than tripled its net profit for the quarter ended June 30 due to the rally in tanker markets aided by the continued slide in world crude oil prices. SCI posted a net profit of INR 163.54 crore (USD 25.2m) for the quarter ended June 30, as against a […]

  • 21 March 2019
    Business & Finance

    Sif has reported that offshore wind accounted for approximately 83% of revenues and 69% of total contributions in the company’s 2018 financial year figures. Sif saw a 28% loss of revenue in 2018, amounting to EUR 235.1 million, and a 45% loss in contribution, amounting to EUR 74.3 million. The gap in the production schedule and […]

  • 14 August 2015
    Business & Finance

    Hong Kong-listed Sinotrans Shipping ended the first half of 2015 with USD 18.3 million net loss, as compared to USD 2.3 million net profit for the same period a year earlier, due to a dip in revenues from operations of the company’s dry bulk and container shipping segments. The company’s overall revenue dropped by 19% to […]

  • 24 February 2016
    Business & Finance

    Spanish energy giant Iberdrola recorded a net profit of EUR 2.42 billion in 2015, 4.1% more than the previous year, attributed largely to the company’s thriving renewables division. The company’s EBITDA rose to EUR 7.3bn, a 4.9% increase on 2014. The Renewables division marked a 18.6% jump in EBITDA year-on-year, which stood at EUR 1.58bn, and was driven […]

  • 7 August 2019
    Business & Finance

    E.ON’s Renewables division saw a EUR 39 million increase in adjusted EBIT in the first half of 2019, primarily said to be due to the commissioning of offshore wind farms in the UK and Germany. The renewables adjusted EBIT equals EUR 275 million in the first six months, with the primary reason being the increase […]

  • 6 August 2019
    Business & Finance

    Equinor reported adjusted earnings of USD 3.15 billion in the second quarter of 2019, which is down from USD 4.31 billion in the same period last year. Equinor saw a net operating income of USD 3.52 billion in the period, which is again lower than the USD 3.84 billion in the second quarter of 2018. […]

  • 13 August 2015
    Business & Finance

    Estonian ferry operator AS Tallink Grupp reported EUR 28.5 million net profit for the second quarter of 2015, a 367.7% jump compared to EUR 6.1 million net profit for the same period a year earlier, due to increased charter revenues and lower operating costs. Tallink’s unaudited revenue for the second quarter of 2015 increased by EUR 7.4 million, […]

  • 13 August 2015
    Business & Finance

    The Shipping Corporation of India (SCI) has more than tripled its net profit for the quarter ended June 30 due to the rally in tanker markets aided by the continued slide in world crude oil prices. SCI posted a net profit of INR 163.54 crore (USD 25.2m) for the quarter ended June 30, as against a […]